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Edu.cess & SH Cess withdrawn., Central Excise |
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Edu.cess & SH Cess withdrawn. |
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Sir Our manufacturing co has not yet completed one year so we are having a huge a amount Ed.Cess and SH Cess in RG C/A and Service Tax which are exempted in this Budget now how can we adjust these cess amount. Please suggest me. With thanks and regards Samik Chaudhuri. Posts / Replies Showing Replies 1 to 3 of 3 Records Page: 1
Dear Samik, You can adjust it against the output liability of service tax till the time service tax does not subsume these cesses or the alternatively, you may through your Association make a representation to Central Government/CBEC/North Block/Writ Petition to get the cash refund or permission to get it adjusted against any other duty for the time being in force. Regards, YAGAY and SUN (Management, Business and Indirect Tax Consultants)
On representation from various stakeholders only the Department will issue notification for refund of accumulated credit.
Yes, and mostly there shall be a clarification on the issue soon. Page: 1 Old Query - New Comments are closed. |
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